Mullen and ARRK, a Leading German Automotive Engineering Company, Announce Partnership for Upcoming Mullen FIVE EV Crossover

The companies will be working together on Mullen's entire EV lineup, starting with the Mullen FIVE EV Crossover. ARRK, with over 3,500 employees globally, will assign up to 180 engineers in supporting Mullen's EV development, ensuring the highest performance targets and regulatory compliance for passive safety, active safety, and noise, vibration and harshness ("NVH').

BREA, Calif., Dec. 14, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an emerging electric vehicle ("EV") manufacturer, announces today a strategic partnership with ARRK, a leading automotive engineering company based in Munich, Germany.

ARRK will be supporting Mullen Automotive in Computer Aided Engineering (CAE), body in white, battery, closures, interior, chassis, thermal, and infotainment engineering. ARRK initial support will be for the Mullen FIVE EV Crossover and then move into future vehicles, including a seven–seat SUV program.

“ARRK is a leading automotive engineering company with a global footprint, including working with some of the most well–respected automotive manufacturers, such as BMW, VW brands and Mercedes–Benz. Their vehicle engineering expertise will be a key component for us in hitting our production timeline for the FIVE and beyond," said David Michery, CEO and chairman of Mullen Automotive.

"Supporting the engineering development of the Mullen FIVE vehicle for global CAE, body development with closures, high voltage battery housing, interior, chassis, thermal management and infotainment for the next 3–year period will be a great challenge for us at ARRK," said Florian Gerber, vice president of development for body, high voltage battery, interior and exterior, and composite at ARRK. "We are very pleased about this cooperation and are looking forward to shaping the electric car future together with Mullen."

About Mullen

Mullen is a Southern California–based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions. Mullen has evolved over the past decade in sync with consumers and technology trends. Today, the Company is working diligently to provide exciting EV options built entirely in the United States and made to fit perfectly into the American consumer's life. Mullen strives to make EVs more accessible than ever by building an end–to–end ecosystem that takes care of all aspects of EV ownership.

About ARRK

ARRK is a globally active development partner for the automotive and mobility industry, specializing in end–to–end and comprehensive support of the entire product development process – from the concept phase through series development to validation and system integration of mechanical and electronic components.

Being a partner with a strong customer focus, ARRK can offer all its services to make a product ready for series production – from styling, engineering, prototyping, tooling to low volume production.

Contact:

ARRK Engineering GmbH

info@arrk–engineering.com
www.arrk–engineering.com

Forward–Looking Statements

This press release contains “forward–looking statements.” Words such as “may,” “should,” “could,” “would,” “predicts,” “potential,” “continue,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar expressions, as well as statements in future tense, often signify forward–looking statements. These forward–looking statements include, without limitation, statements relating to the reverse merger, the Nasdaq approval process and proposed debut date of the Mullen FIVE (formerly MX–05) midsize crossover. These forward–looking statements are, by their nature, subject to significant risks and uncertainties.

Forward–looking statements should not be read as a guarantee of future performance or results and may not be accurate indications of when such performance or results will be achieved. Forward–looking statements are based on information that the Company has when those statements are made or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward–looking statements, including factors beyond the Company's control. As a result of these and other risks, uncertainties and assumptions, forward–looking events and circumstances discussed herein might not occur in the way the Company expects or at all. Accordingly, readers should not place reliance on any forward–looking information or statements. The Company assumes no obligation to publicly update or revise its forward–looking statements as a result of new information, future events or otherwise. All forward–looking statements herein are qualified by reference to the cautionary statements set forth in this section.

Contact:

Mullen Automotive, Inc.
+1 (714) 613–1900
www.MullenUSA.com

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